Gateway Investment Advisers LLC Has $53.51 Million Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Gateway Investment Advisers LLC lowered its position in shares of Honeywell International Inc. (NASDAQ:HON) by 0.1% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 236,878 shares of the conglomerate’s stock after selling 222 shares during the quarter. Gateway Investment Advisers LLC’s holdings in Honeywell International were worth $53,508,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of HON. Teachers Insurance & Annuity Association of America acquired a new stake in Honeywell International during the third quarter worth approximately $25,000. Reston Wealth Management LLC bought a new stake in shares of Honeywell International during the 3rd quarter valued at $29,000. Financial Avengers Inc. grew its holdings in shares of Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after purchasing an additional 50 shares in the last quarter. Planning Capital Management Corp increased its position in shares of Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after purchasing an additional 81 shares during the period. Finally, Western Pacific Wealth Management LP acquired a new position in Honeywell International in the third quarter valued at about $41,000. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Up 0.3 %

Shares of HON traded up $0.65 during trading hours on Thursday, hitting $220.19. 311,138 shares of the stock were exchanged, compared to its average volume of 3,248,287. The firm has a market capitalization of $143.18 billion, a P/E ratio of 25.43, a price-to-earnings-growth ratio of 2.40 and a beta of 1.06. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week high of $242.77. The business has a 50-day moving average of $226.83 and a 200-day moving average of $214.27.

Analysts Set New Price Targets

Several research firms recently issued reports on HON. UBS Group reiterated a “buy” rating and set a $298.00 price target (up previously from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. The Goldman Sachs Group lifted their price target on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Bank of America boosted their price target on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a report on Thursday, November 14th. StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Finally, Robert W. Baird cut shares of Honeywell International from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Eleven analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $247.93.

Honeywell International Company Profile

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company’s Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services.